Jackson v. Wells Fargo Bank

Case #

12-cv-01262

Case Name

Jackson v. Wells Fargo Bank

Jurisdiction

US District Court for W.D. PA

Summary

Plaintiffs allege that Wells Fargo Bank improperly required homeowners who took out mortgages to carry flood insurance, even when their homes were not in flood-prone areas. The flood insurance requirement was not disclosed to homeowners at the time they closed on their loan and was instead imposed after the fact. The cost to the homeowners of disputing this requirement, as well as other unnecessary expense related to Wells Fargo's billing, was substantial.